The firm has rotated out as the independent auditor of ACLEDA BANK PLC. after completing the statutory audit of the Group’s and Bank’s financial statements as at 31 December 2023 and for the year then ended.  The fees paid or payable to Grant Thornton (Cambodia) Limited as at 31 December 2023 and for the year then ended amounted to USD286,909  and USD275,000, which represents the statutory audit fees for the Group and the Bank, respectively.  Non-audit fees of USD 6,000 were paid or are payable to Grant Thornton (Cambodia) Limited as at 31 December 2023 and for the year then ended by the Group and the Bank relating to the performance of agreed-upon procedures related to the Bank’s loan covenants.

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